Tallgrass announced Jan. 20 it was awarded a grant from the Wyoming Energy Authority to fund the development of a commercial-scale carbon dioxide sequestration hub in the Denver-Julesburg (DJ) Basin in eastern Wyoming.
The grant is in addition to the company’s proposed direct investment in the Eastern Wyoming Sequestration Hub project, which is designed to provide a cost-effective means of capturing, transporting and sequestering carbon dioxide across multiple states.
“The Eastern Wyoming Sequestration Hub project is a strong addition to our existing decarbonization initiatives and aligns with our broader clean energy strategy,” said Kyle Quackenbush, segment president. “This project can accelerate the state’s goal to be net negative in CO2 emissions by importing and sequestering CO2, and benefit the broader Rocky Mountain and Midwest regions. We very much appreciate the support of the Wyoming Energy Authority and look forward to working with them, as well as other government and community leaders in Wyoming.”
Tallgrass expects to use the WEA grant in 2022 to fund development activities and drilling a characterization well in connection with its anticipated Class VI permit filing for the hub.
“Wyoming is deeply committed to providing decarbonized solutions for the 21st century,” said Dr. Glen Murrell, executive director of the Wyoming Energy Authority. “We are pleased to be able to fund Tallgrass’s Eastern Wyoming Sequestration Hub project, which has the potential to add an important resource for our net-zero goals.”
Tallgrass is a leading energy infrastructure company focused on safely, reliably and sustainably delivering the energy and services that fuel homes and businesses and enable quality of life. We are committed to being at the forefront of efforts to decarbonize our world. An investor group led by Blackstone Infrastructure Partners, which includes Enagás SA, GIC, NPS and USS, owns the outstanding equity interests in Tallgrass.Tags: carbon sequestration, GHG Emissions, Tallgrass Energy, Wyoming Energy Authority